Vitalik: Prediction markets are a remedy for the crazy opinions on emotional topics.
Ethereum founder Vitalik Buterin stated in a Farcaster post that prediction markets are a remedy for the crazy views on emotional topics. Many users on social media exaggerate by claiming "something is definitely going to happen" to create panic or attract attention, but they do not take responsibility for it. The prediction market involves real money bets, which are more likely to reflect true probabilities and can counter these "crazy opinions."
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Vitalik: Prediction markets are a remedy for the crazy opinions on emotional topics.
Ethereum founder Vitalik Buterin stated in a Farcaster post that prediction markets are a remedy for the crazy views on emotional topics. Many users on social media exaggerate by claiming "something is definitely going to happen" to create panic or attract attention, but they do not take responsibility for it.
The prediction market involves real money bets, which are more likely to reflect true probabilities and can counter these "crazy opinions."